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Guy Carpenter's Accident & Health Team Honored at Insurance Day London Market Awards

Source: Guy Carpenter

Posted on 04 Dec 2009

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Guy Carpenter & Company, LLC's Accident & Health team has been named "Broking Team of the Year" at the Insurance Day 2009 London Market Awards. The annual awards, presented December 3 at London's Grosvenor Hotel, are selected by a distinguished panel of independent judges and recognize outstanding work in the London (re)insurance market.

Over the past several years Guy Carpenter's Accident & Health team has experienced strong year- on-year growth and has significantly diversified its core client base to comprise customer relationships in more than 30 countries, including China and across the Middle East. Leveraging a core team of experienced brokers, the group has prospered in a difficult economic climate by expanding its services – which include keyman insurance, reinsurance, retrocession and London market excess – to a balanced portfolio.

Recent achievements of Guy Carpenter’s Accident & Health team include the establishment of an underlying conveyance-only retrocession layer to significantly reduce retention of a common carrier event, as well as being the first team in the market to provide a comprehensive terror, pandemic, Medex and property cover. Guy Carpenter’s proprietary life cat model also empowers clients to effectively model their risk profiles from their own desktops, using basic portfolio data.

Peter Zaffino, President and CEO, Guy Carpenter, had this to day: “We are very pleased and honored to receive this award from Insurance Day. We have worked extremely hard to develop our Accident & Health practice in London and this award is a tremendous endorsement of the progress that our team has made.”